The Agricultural Biologicals Market has witnessed significant growth, reaching a valuation of US$ 14.62 billion in 2023 and is projected to expand to US$ 35.47 billion by 2030 at a robust CAGR of 13.5%. This surge is largely driven by the increasing shift towards organic farming and the demand for eco-friendly agricultural inputs. Agricultural biologicals, including biopesticides, biofertilizers, and biostimulants, offer a sustainable alternative to chemical-based farming practices, enhancing crop yield while preserving environmental health.
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Report Coverage Details
Base Year: 2023
Forecast Period: 2024-2030
Historical Data: 2018 to 2023
Market Size in 2023: US $ 14.62 Bn.
Forecast Period 2024 to 2030 CAGR: 13.5%
Market Size in 2030: US $ 35.47 Bn.
Market Dynamics
The adoption of agricultural biologicals is on the rise as farmers seek sustainable solutions to manage crop health and soil fertility. Unlike chemical pesticides, these biologicals are derived from natural resources, making them safer for the environment and more aligned with the growing consumer preference for organic products. As regulations tighten on chemical usage in agriculture, particularly in regions like the Asia Pacific, the demand for these biologicals is expected to grow exponentially.
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Segmentation and Scope
by Product:
- Biopesticides
- Biofertilizers
- Biostimulants
by Source:
- Microbials
- Biochemicals
by Mode of Application:
- Foliar Spray
- Soil Treatment
- Seed Treatment
by Application:
- Cereals & Grains
- Oilseeds & Pulses
- Fruits & Vegetables
Regional Coverage:
- North America: United States, Canada, Mexico
- Europe: UK, France, Germany, Italy, Spain, Sweden, Austria, Rest of Europe
- Asia Pacific: China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, Rest of APAC
- Middle East & Africa: South Africa, GCC, Egypt, Nigeria, Rest of ME&A
- South America: Brazil, Argentina, Rest of South America
Key Players in the Agricultural Biologicals Market
- Bayer Cropscience AG
- Syngenta
- Monsanto Bioag
- The DOW Chemical Company
- Marrone Bio Innovations Inc.
- Aristo Lifescience
- Certis USA LLC
- Koppert B.V.
- Valagro
- Biolchim
- Valent Biosciences Corporation
- Isagro SPA
- Novozyme A/S
- Arysta Lifescience Limited
- BASF SE
- Rizobacter Argentina
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The Agricultural Biologicals Market is poised for substantial growth as it aligns with the global push towards sustainable farming practices. With key players like Bayer and Syngenta leading innovations, the market's future looks promising, particularly in regions with strict regulations on chemical use in agriculture. As farmers continue to seek environmentally friendly alternatives, agricultural biologicals will play a crucial role in shaping the future of global agriculture.
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